PTC ThingWorx Industrial Internet of Things (IIoT) Platform

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PTC INC
Massachusetts, USA
1985
$1BN to $5BN
Enterprise
97 Likes
80 Buyers Negotiating

Summary

PTC ThingWorx Industrial Internet of Things provides Augmented Reality (AR) with the insight of IoT, to leverage advanced services to the enterprise. The ThingWorx Studio provides IIoT with a powerful transformative toolset to deliver remarkable IIoT experiences. Further, ThingWorx leverages industrial connectivity through Kepware. It facilitates the communication platform for device-to-cloud solution, which helps in improving operational efficiency through applications, such as energy monitoring, preventative maintenance, product lifecycle insights, and global production tracking.

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Discussions (1)
Buyer
Pichai Wattanasaphu's requirement
17/09/2020
"test"
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Strengths
  • +5
    Customer Analytics
  • +6
    Financial Analytics
  • +14
    Marketing Analytics
  • +12
    Operational Analytics
  • +13
    Risk Analytics
  • +7
    Workforce Analytics
  • +8
    Data Discovery
  • +14
    Data Governance
  • +10
    Data Integration
  • +5
    Data Lineage
  • +6
    Data Orchestration
  • +11
    Data Quality
  • +12
    Data Security
  • +9
    Data Transformation
  • +7
    Data Visualization
  • +13
    Metadata Management
  • +8
    Other Features
  • +10
    Directly
  • +10
    Remote Support
  • +5
    Consulting Services
Cautions
  • -12
    Customer Support
  • -13
    Sales Support
  • -12
    Support Services
  • -10
    Application Developers
  • -11
    Business Analysts
  • -12
    Consultants
  • -9
    Data Scientists
  • -14
    On-Premise
  • -13
    Other End Users
  • -12
    Product Features and Functionality
  • -14
    Self-service Capabilities
  • -12
    Product Differentiation Feature
  • -10
    Product Offerings
  • -5
    Support and Services
  • -13
    Level of Support Services
  • -5
    Customer Redressal Mechanism/Program
  • -8
    Other Cases
  • -9
    On-Site Support
  • -11
    Through Partners / Third-Party Vendors
  • -9
    Per User Basis
PTC INC Presence in Industrial Analytics Software
PTC has been an eminent player in providing industrial analytics products throughout the regions of Americas, Europe, Pacific Rim, and Japan. The company has been investing heavily in R&D to cater to the demands of its client base. For instance, in 2016, it spent 20.1% of its revenue on R&D. Furthermore, it has adopted organic growth strategies to expand its footprint across the world, and serve the customer needs in a better manner. For instance, in May 2017, PTC introduced a new version of IIoT technology, namely ThingWorx 8. It provides a robust IIoT technology offering to industries to enhance the IIoT value. In addition, PTC has introduced a new product after ThingWorx, namely, Kinex, a suite of role-based, IIoT applications, which can be integrated with the ThingWorx platform to bring application-supported IIoT innovations in businesses. Further, as a part of its inorganic growth strategy, PTC has acquired various companies in the last 3 years. For example, in January 2015, PTC acquired Kepware, a provider of communications connectivity to industrial automation environments through its software. The acquisition bolstered PTC’s analytics portfolio through Kepware’s communication platform, namely, KEPServerEX. It has strengthened PTC’s ThingWorx IoT technology platform.
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